After just searching the forums I know that the 2% concession has been discussed and I now wish I had read those posts but I wanted to give a heads up again so someone doesnt go through what I just went through.This ...
Hi,I use two techniques to financially evaluate notes:1. Through the RATE() function in Excel, without considering the costs relating to the note2. Through an Excel sheet that i built that takes into account servicer ...
I am about to close on my first property on October 30th!! (Thanks BP for the inspiration!) This is a duplex that I plan to house hack. I have to do some remodeling that will take about a month but I will be ready to ...
Hello,
We have tenants in our home in Morgan Hill CA since May 2012. They signed a 2 year lease. The rent we wanted was 2,800 but discounted it to 2,600 per month for a 1 year prepayment for the first year an...
What are your thoughts on tenants having pets? Do you charge an extra monthly rate for pets? Limit size? Extra security deposit?
Looking at a couple of different possible multifamily properties to buy and two of the properties I'm interested in have me wondering which is best. Property A has tenants paying utilities but the rents are well under...
Hey guys,So here's another success story from me. Last September, my partner and me bought an 8-plex for 660k with 52k in annual gross revenue. Market value for the property was appraised at 905k and economic value (b...